Transformative investment marks the largest single donation in Philander Smith’s 147-year history

The HBCU Campaign Fund (HCF) celebrates its hometown HBCU, Philander Smith University’s historic $19 million gift from philanthropist MacKenzie Scott. The University announced the gift on Friday during its homecoming festivities, marking the largest single contribution in its 147-year history.

The University states that the investment strengthens its ability to advance its mission of educating academically accomplished students who are grounded as advocates for social justice and determined to change the world for the better.

“This gift is a resounding vote of confidence in our mission and our momentum. It positions us to invest boldly in student success, facilities enhancement, and programs that prepare the next generation of Philander Smith leaders. We are profoundly grateful for this transformational support, which allow us to move Philander First with renewed purpose and vision.”

— said Dr. Maurice D. Gipson, President & CEO of Philander Smith University

The unrestricted gift will give the Philander Smith flexibility to determine how best to invest the dollars for long-term impact. University leadership and the Board of Trustees will carefully steward this funds in alignment with the institution’s mission and strategic priorities.

The University plans to consider allocating funds to the following areas:
– Expanding student scholarships and financial aid
– Investing in faculty excellence and academic innovation
– Enhancing campus facilities and technology
– Strengthening the University’s endowment for future growth and stability

“HCF applauds this transformative moment in Philander Smith University’s history. MacKenzie Scott’s extraordinary generosity represents a powerful milestone in the University’s enduring commitment to academic excellence, social justice, and the advancement of Black scholars. Her investment echoes what we at HCF have long championed: that HBCUs are vital engines of opportunity, innovation, and leadership. This gift not only honors Philander Smith’s distinguished legacy but also strengthens its capacity to continue shaping future generations of change-markers. We applaud President Gipson, the Board of Trustees, faculty, staff, and students, and we extend our deepest gratitude to MacKenzie Scott for her visionary and transformative support.”

— Demetrius Johnson, Jr., Founder, President & CEO, HCF.

As MacKenzie Scott bestows another round of record-breaking gifts to HBCUs — each celebrating the largest single donation in their institution’s history — HCF extends its deepest appreciation for her continued commitment to strengthening these vital institutions. Her ongoing investment not only empowers HBCUs to advance their missions, but also amplifies the life-changing opportunities they create for students, families, and communities across the nation. We are profoundly grateful for her visionary generosity and for the lasting impact it will have on the future of Black higher education.

Visit www.philander.edu to learn more about Philander Smith University.

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